Monthly Rent Report

ZIP 46408 Rent Report — June 2023

Asking rents in ZIP 46408, Chicago, from 3 listings.

Median 1BR rent in ZIP 46408 was $700 in June 2023, down 26.3% (−$250) from May 2023. The middle half of 1BR listings asked between $700 and $700. That puts ZIP 46408 $700 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 3 listings across 3 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2023Vs. June 2022P25–P75 RangeListings
1BR$700−$250 (-26.3%)$700 – $7001
2BR$925−$170 (-15.5%)+$175 (+23.3%)$925 – $9251
4BR$1,400+$350 (+33.3%)$1,400 – $1,4001

Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.

ZIP 46408 vs. ChicagoJune 2023

BedroomsZIP 46408 MedianChicago Citywide MedianDifference
1BR$700$1,400−$700 (-50.0%)
2BR$925$1,700−$775 (-45.6%)
4BR$1,400$2,500−$1,100 (-44.0%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.

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